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Nike CEO calls it quits as sportswear giant’s sales sink
Nike said Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and CEO, as the sportswear giant shakes up its top rank amid efforts to revive sales and battle rising competition. The company’s shares rose 9% in after-hours trading.
Nike's new CEO may look to mend retailer ties in sales revival push
Sept 20 (Reuters) - Nike's new CEO is expected to double down on the company's efforts to repair relations with retailers to energize sales, reversing a strategy under outgoing chief John Donahoe that focused on selling directly through its stores and website.
Nike is getting a new CEO as struggles mount
New York (CNN) — Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant announced Thursday that CEO John Donahoe will retire next month and will be replaced by Elliott Hill, a veteran former Nike executive.
Nike names new CEO amid flagging sales and stock slump
Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.
Nike is bringing back a long-time exec as CEO — and he could be what the sportswear brand needs
Nike says Elliott Hill will replace John Donahoe as CEO in October. Nike has struggled to turn around its business over the last year.
Nike's shares jump after it announces plan to replace CEO
Nike announced plans to toss out its president and CEO John Donahoe, as demand falters for the brand's sneakers.He'll be replaced by former senior executive Elliott Hill, who will take over next month.
CNN
2d
Nike activewear and shoes are up to half off just in time for fall workouts
Kitting yourself out with activewear and running
shoes
for a new season (or sport) can be an expensive proposition, but
Nike
’s making it way easier with its 20% off code. Right now, take 20% off ...
13d
Does Nike Need a Brand Makeover…or What?
Nike faces challenges with declining revenue and innovation. A new leadership hire aims to refocus on customers and regain ...
22d
Nike releases FAMU running shoe to celebrate start of college football season
Check out the new FAMU Rattlers Nike Air Zoom Pegasus 41 running shoe, part of the Nike’s 2024 NCAA Collection ahead of ...
3d
New Ja Morant's signature shoes are revealed
The highly anticipated Ja 2 "Induction" is scheduled to drop on September 26, 2024, at 7:00 AM via Nike's SNKRS website. Fans ...
12d
Nike's Satan Shoes to Ari Menthol: 5 most controversial sneakers of all times
Controversy brewing in the sneaker industry is nothing new, as over the years the sector has received tons of cases of cease ...
btimesonline
23h
Nike Taps Insider Elliott Hill as New CEO to Reclaim Market Dominance After Struggles Under Donahoe
Nike is making a bold move to revitalize its brand and recover from a period of financial stumbles, announcing that 32-year ...
5d
on MSN
Fans react to Konchar's contract with Nike
It’s clear that Konchar, though not the Grizzlies' most high-profile player, has earned the love and respect of Memphis fans.
21h
on MSN
Nike stock jumps 8% as investors bet new CEO Elliott Hill can fix sneaker maker’s woes
The shoe giant's shares are down over 20% year-to-date after an ambitious direct-selling strategy opened the door to competition.
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